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Basic Energy Services reports selected operating data for January 2016


Published Feb 15, 2016
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Basic Energy Services, Inc.

Basic Energy Services, Inc. reported selected operating data for the month of January 2016. Basic's well servicing rig count remained unchanged at 421. Well servicing rig hours for the month were 37,200 producing a rig utilization rate of 38%, compared to 36% and 56% in December 2015 and January 2015, respectively.

During the month, Basic's fluid service truck count increased by one to 986. Fluid service truck hours for the month were 180,600, compared to 177,000 and 208,100 in December 2015 and January 2015, respectively.

Tags: Basic Energy Services




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